A broken fire hydrant stands in front of a dilapidated house on Mackay Street in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

A broken fire hydrant stands in front of a dilapidated house on Mackay Street in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Rick Snyder, governor of Michigan, speaks during an event in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. Detroit became the biggest U.S. city to file for bankruptcy on July 18, 2013, seeking court protection from creditors while it tries to eliminate a budget deficit and cut long-term debt. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Rick Snyder, governor of Michigan, speaks during an event in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. Detroit became the biggest U.S. city to file for bankruptcy on July 18, 2013, seeking court protection from creditors while it tries to eliminate a budget deficit and cut long-term debt. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

The downtown skyline stands in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. Detroit became the biggest U.S. city to file for bankruptcy on July 18, 2013, seeking court protection from creditors while it tries to eliminate a budget deficit and cut long-term debt. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

The downtown skyline stands in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. Detroit became the biggest U.S. city to file for bankruptcy on July 18, 2013, seeking court protection from creditors while it tries to eliminate a budget deficit and cut long-term debt. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Members of the Detroit Fire Department (DFD) exit after putting out a fire in an abandoned house in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. Detroit became the biggest U.S. city to file for bankruptcy on July 18, 2013, seeking court protection from creditors while it tries to eliminate a budget deficit and cut long-term debt. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Members of the Detroit Fire Department (DFD) exit after putting out a fire in an abandoned house in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. Detroit became the biggest U.S. city to file for bankruptcy on July 18, 2013, seeking court protection from creditors while it tries to eliminate a budget deficit and cut long-term debt. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

The downtown skyline stands in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

The downtown skyline stands in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

The General Motors Co. headquarters building stands in the skyline of Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

The General Motors Co. headquarters building stands in the skyline of Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

The downtown skyline stands in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

The downtown skyline stands in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

A U.S. flag flies in the skyline near the General Motors Co. headquarters building in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

A U.S. flag flies in the skyline near the General Motors Co. headquarters building in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

The General Motors Co. headquarters building stands in the skyline near JPMorgan & Chase Co. offices in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

The General Motors Co. headquarters building stands in the skyline near JPMorgan & Chase Co. offices in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Empty lots stand next to dilapidated houses on Renyolds Street in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Empty lots stand next to dilapidated houses on Renyolds Street in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

JPMorgan & Chase Co. offices stands in the skyline of Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

JPMorgan & Chase Co. offices stands in the skyline of Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Members of the Detroit Fire Department (DFD) exit after putting out a fire in an abandoned house in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Members of the Detroit Fire Department (DFD) exit after putting out a fire in an abandoned house in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Graffiti covers the George Evans Recreation Center, which is permininatly closed, in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Graffiti covers the George Evans Recreation Center, which is permininatly closed, in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

A court ordered eviction notice is taped in the window of a house on Mackay Street in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

A court ordered eviction notice is taped in the window of a house on Mackay Street in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Members of the Detroit Fire Department (DFD) exit after putting out a fire in an abandoned house in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

Members of the Detroit Fire Department (DFD) exit after putting out a fire in an abandoned house in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

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A broken fire hydrant stands in front of a dilapidated house on... News PhotoBusiness,Corporate Business,Detroit,Finance,Fire Hydrant,Government,Michigan,Midwest USA,North America,Politics,Run Down,The Americas,The Media,USA,VerticalPhotographer BloombergCollection: Bloomberg 2013 BloombergA broken fire hydrant stands in front of a dilapidated house on Mackay Street in Detroit, Michigan, U.S., on Thursday, Feb. 21, 2013. A fiscal emergency grips Detroit, according to a report ordered by Governor Rick Snyder, that opens a path to a state takeover of General Motors Co.’s home town, citing deficits that have stymied city officials after a $326.6 million gap last year. Photographer: Jeff Kowalsky/Bloomberg via Getty Images